7040 West Tallmadge PLACEMilwaukeeWI53218
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Milwaukee at 7040 West Tallmadge PLACE, Milwaukee, WI, 53218 priced at $229,900 converts $1,569/mo rent into $26/mo cash flow after a $1,125/mo obligation. Total monthly income equals $1,569/mo, and annual cash flow totals $316/yr on $76,212 invested. Return on cash invested prints 20.32% in year one, and rental yield reads 8.19% against a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,517 by year five. Five-year ROI reaches 105.79% and total cumulative return in cash sums $80,627. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,569/mo property income covering a $1,125/mo payment, not borrower’s personal income.
Single Family
Built in 1955
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53218, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,969 (100%) |
| Owner Occupied HU | 6,101 (40.8%) |
| Renter Occupied HU | 7,622 (50.9%) |
| Vacant Housing Units | 1,246 ( 8.3%) |
| Median Home Value | $124,695 |
| Average Home Value | $198,314 |
Housing Distribution
Address Breakdown
Residential
14,580
Single Family
12,485
Multi-Family
2,095
Businesses
741
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Listed by: Nicole Mosley • Reign Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1910525
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.